SOLD
Sold on 19 Jun 2024 for $755,000

2/16 First Avenue
Broadbeach QLD 4218

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 127m2
Land area: 248m2
Improve this data
Share
Save

Property Details for 2/16 First Ave, Broadbeach

2/16 First Ave, Broadbeach is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 248m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom House sold in Broadbeach in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
127m2
Land Size
248m2
Local Government
Gold Coast City
Lot/Plan
2/BUP3843

Last Listing description (July 2024)

Immaculate 127 square metre, 2 bedroom apartment, ground floor in quiet 6 unit block, 200 metres (2 minute walk) to the beach, close to public transport and all amenities.

This spacious beachside apartment is perfect for a first home buyer, investor, or hold and sell to a developer. A great possibility to reap the rewards, as new developments and capital growth prospects are endless in this part of Broadbeach. Live in it, rent it out or use as an Airbnb.

- Large open plan light filled living/lounge and dining with front balcony.

- 2 spacious bedrooms, both with large built-in wardrobes and access to the rear patio.
- East facing block with plenty of natural sunlight all day and a nice sea breeze.
- Large private rear tiled patio for entertaining or use an outdoor lounge room.
- Spacious modern kitchen with abundant storage space, oven and dishwasher.
- Large bathroom with shower and laundry and separate toilet.
- Light fresh interior colours and tiled throughout.
- Reverse cycle air conditioner/heater in living room.
- Secure individual lock-up underground garage with built-in mezzanine storage space. Security automatic roller door at garage entrance.
- Plenty of parking on adjacent streets for a resident permit holder for any additional cars.
- Internal alarm system installed.

>Body corporate rates approx. $4,000 per annum. Looking at reducing this with another body corporate administrator.
>Council rates approx. $2,400 per annum.
>Water (depending on use) and sewage rates approx. $1,200 per annum.
>Rent the apartment out for top $$$ per week.

*Request a private inspection*

Show More

Property History for 2/16 First Ave, Broadbeach, QLD 4218

A timeline of how this property has performed in the market
Last Sold
$755,000
19 Jun 2024
Listed for Rent
$320/w
29 Nov 2011
  • 19 Jun 2024
    Sold for $755,000
  • 26 Mar 2024
    Listed for Sale UNDER CONTRACT - Offers over $749,000
  • 26 Mar 2013
    Sold for $318,000
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

About Broadbeach 4218

The size of Broadbeach is approximately 1.5 square kilometres. It has 6 parks covering nearly 27.2% of total area. The population of Broadbeach in 2011 was 4,613 people. By 2016 the population was 5,513 showing a population growth of 19.5% in the area during that time. The predominant age group in Broadbeach is 20-29 years. Households in Broadbeach are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Broadbeach work in a professional occupation. In 2011, 40.2% of the homes in Broadbeach were owner-occupied compared with 40.6% in 2016.

Broadbeach has 8,858 properties. Over the last 5 years, Houses in Broadbeach have seen a 92.32% increase in median value, while Units have seen a 91.10% increase. As at 31 October 2024:

  • The median value for Houses in Broadbeach is $1,614,331 while the median value for Units is $1,059,793.
  • Houses have a median rent of $750 while Units have a median rent of $750.
There are currently 136 properties listed for sale, and 21 properties listed for rent in Broadbeach on OnTheHouse. According to CoreLogic's data, 518 properties were sold in the past 12 months in Broadbeach.

Broadbeach Profile Page

Suburb Insights for Broadbeach 4218

Visit Broadbeach profile page
Market Insights
Broadbeach Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Broadbeach Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Broadbeach profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED